CEOs say US economy underperforming next six months
CEOs say the US economy will be underperforming during the next six months, according to the 3rd quarter 2014 CEO Economic Outlook Index published...
Combating corporate tax avoidance globally, OECD
Firms like Google, Amazon and Starbucks have hit the headlines this year for pursuing strategies to avoid paying corporate tax. The OECD today issued...
UK August inflation declines to 1.5 percent
UK August inflation fell to 1.5% on an annual basis, from 1.6% in July, says the Office for National Statistics (ONS). Falling prices in...
Fed meeting rattles markets across the world
Stocks in Europe have fallen to a two week low in light of the upcoming Federal Reserve meeting. Asian shares have declined too.
The Fed...
Orange Jazztel acquisition offer worth 3.4 billion euros
An Orange Jazztel takeover offer worth €3.4 billion ($4.4 billion) has been announced by the French mobile network operator. The all-cash bid for the...
ZF Friedrichshafen will acquire TRW Automotive for $13.5 billion
TRW Automotive has agreed to an acquisition offer by ZF Friedrichshafen (in a deal worth $13.5 billion).
TRW Automotive is the world’s leading manufacturer of...
Global economic recovery uneven, Eurozone a worry, says OECD
The global economic recovery is lopsided, says the OECD, with the US, UK and Canada pushing ahead, China slowing down to a more sustainable...
What is a Basis Point?
In finance a basis point is equal to one hundredth of a percentage point (or 1/10,000). A basis point is also known as bp,...
China August industrial output growth fell
China August industrial output grew by 6.9% compared to August 2013, and July’s 9% growth on a year earlier. The National Bureau of Statistics...
Argentina defies US court ruling and passes bill
Argentina defies a US court ruling by passing a bill that will allow the country to make payments locally or in regions outside the...